Li Qing Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives

Key facts

  • Li Qing Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives
  • On June 22, 2026, Li Qing's annual shareholders' meeting approved the lifting of non-competition restrictions for several directors and their representatives during their term of office. The permitted competitive activities involve investments or operations in businesses similar to Li Qing’s in mainland China, with no impact on the company’s financial or operational performance.
  • Source: PR Times
  • Date: June 22, 2026

Direct answer

On June 22, 2026, Li Qing's annual shareholders' meeting approved the lifting of non-competition restrictions for several directors and their representatives during their term of office. The permitted competitive activities involve investments or operations in businesses similar to Li Qing’s in mainland China, with no impact on the company’s financial or operational performance.

Citation
Li Qing Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives (June 22, 2026), PR Times
Source
PR Times
Date
June 22, 2026
On June 22, 2026, Li Qing's annual shareholders' meeting approved the lifting of non-competition restrictions for several directors and their representatives during their term of office. The permitted competitive activities involve investments or operations in businesses similar to Li Qing’s in mainland China, with no impact on the company’s financial or operational performance.

📋 Article Processing Timeline

  • 📰 Published: June 22, 2026 at 09:00
  • 🔍 Collected: June 23, 2026 at 17:00 (32h 0m after Published)
  • 🤖 AI Analyzed: June 23, 2026 at 17:28 (27 min after Collected)
1. Shareholders' Meeting Resolution Date: June 22, 2026

2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
Directors: Liu Mei-Xiu, Wu Jun-Ji, Wu Rong-Sheng, and Chen Zheng-Min (Legal Representative of Di Fu Investment Co., Ltd.)
Independent Directors: Zhou Yi-Liang, Wu Gui-Zhen, Xu Qing-Wen

3. Permitted Competitive Activities: Investment in or operation of companies with business scopes identical or similar to that of the Company

4. Duration of Permitted Competitive Activities: During the term of office as director of the Company

5. Resolution Outcome (Voting Results under Article 209 of the Company Act): Approved by ordinary resolution at the Company’s annual shareholders’ meeting

6. Directors Engaging in Competitive Activities Related to Businesses in Mainland China (Enter 'Not Applicable' if not applicable):
(1) Liu Mei-Xiu
(2) Wu Jun-Ji

7. Company Names and Positions Held in Mainland China Businesses:
(1) Liu Mei-Xiu
- Chairman, Li Qing Electronic Technology (Dongguan) Co., Ltd.
- Chairman, Li Qing Optoelectronics (Shenzhen) Co., Ltd.
- Chairman, Li San (Shanghai) International Trading Co., Ltd.
- Chairman, Li Qing Automotive Technology (Shanghai) Co., Ltd.

(2) Wu Jun-Ji
- Chairman, Kunshan Diweixi Automotive Components Co., Ltd.
- Chairman, Changzhou Diweixi Precision Mould Co., Ltd.

8. Addresses of Mainland China Businesses:
(1) Li Qing Electronic Technology (Dongguan) Co., Ltd.: No. 7, Mingzhu 1st Road, Yongsheng Industrial Zone, Shebei Village, Huangjiang Town, Dongguan City, Guangdong Province
(2) Li Qing Optoelectronics (Shenzhen) Co., Ltd.: Room 1923, East Tower, Hozon Huiyicheng One Center, Xixiang, Bao'an District, Shenzhen City, Guangdong Province
(3) Li San (Shanghai) International Trading Co., Ltd.: No. 666, Huiwang East Road, Jiading District, Shanghai
(4) Li Qing Automotive Technology (Shanghai) Co., Ltd.: No. 666, Huiwang East Road, Jiading District, Shanghai
(5) Kunshan Diweixi Automotive Components Co., Ltd.: No. 99, Dengta Road, Yushan Town, Kunshan City, Suzhou, Jiangsu Province
(6) Changzhou Diweixi Precision Mould Co., Ltd.: No. 99, Taishan Road, Changzhou New & High-Tech Industrial Development Zone, Jiangsu Province

9. Business Activities of Mainland China Entities:
(1) Li Qing Electronic Technology (Dongguan) Co., Ltd.: Sales of LED chips and manufacturing, assembly, and sales of LED automotive lighting products
(2) Li Qing Optoelectronics (Shenzhen) Co., Ltd.: Sales of energy-saving lighting fixtures and accessories
(3) Li San (Shanghai) International Trading Co., Ltd.: Sales of LED chips and components
(4) Li Qing Automotive Technology (Shanghai) Co., Ltd.: Manufacturing, assembly, and sales of LED automotive lighting products
(5) Kunshan Diweixi Automotive Components Co., Ltd.: Manufacturing and sales of lighting fixtures
(6) Changzhou Diweixi Precision Mould Co., Ltd.: Manufacturing of precision molds

10. Impact on the Company’s Financial and Business Operations: None

11. Investment Amount and Shareholding Ratio in Mainland China Businesses (if applicable): Not applicable

12. Other Matters to be Disclosed: None

FAQ

Who are the directors permitted to engage in competitive activities?

Liu Mei-Xiu, Wu Jun-Ji, Wu Rong-Sheng, Chen Zheng-Min, and three independent directors.

Does this resolution affect Li Qing’s financial performance?

The company states there is no impact on its financial or business operations.

What businesses do the mainland entities operate?

They focus on LED chips, automotive lighting, energy-saving fixtures, and precision molds.